Intellicheck Mobilisa, Inc. (IDN) Now Trades Above Golden Cross: Time to Buy?
Intellicheck(IDN) Zacks Investment Research·2024-04-09 14:56
From a technical perspective, Intellicheck Mobilisa, Inc. (IDN) is looking like an interesting pick, as it just reached a key level of support. IDN's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a long ...